Insurance | Easy Peasy Finance for Kids and Beginners

What is Insurance? A Definitive Guide for Kids, Teens and Students of All Ages

Part 1: What is Insurance, How Does Insurance Work, How to File a Claim Part 2: Why is Insurance Important, Key Insurance Terms, Types of Insurance, How to Choose the Right Insurance Introduction to Insurance for Kids’ Financial Literacy This video explains the concept of insurance in a simple, concise way for kids and beginners. …

FDIC - FDIC Insured - Federal Deposit Insurance Corporation

What is FDIC (Federal Deposit Insurance Corporation) and FDIC Insured?

I’ve heard in some bank commercials that the account is FDIC insured. What does it mean? FDIC stands for Federal Deposit Insurance Corporation. It is a federal agency that insures deposits in participating US banks, which protects the depositors if the bank goes bankrupt. It was formed as a result of the great depression, …